update: igv $150b vs mc $63m, page-3

backontrack,
I don't think accaeric saying it's ready to mine, but over mine of life a today's prices it's worth $150b

"You have to remember that the coal resource as it stands is not all extractable".

your right, although majority of resource would be extractable considering the current 1.2bt inferred jorc resource was drilled at 100m cut off (majority of resource 12m to 25m below surface). Even extracting 50% of current resource equals $75b, cost for mine and infrastructure will be about $1b. 7500% return over life of mine!

BND has around 12% more coal than EER,
BND's market cap is 1190% higher then EER's.

(EER's coal will be cheaper to mine due to it being close to surface, whereas BND's coal will be more expensive to mine being deeper on half the tenement and requiring underground mining)